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Policy maker's credibility with predetermined instruments for forward-looking targets
Chatelain, Jean-Bernard; Ralf, Kirsten - 2019
Persistent link: https://www.econbiz.de/10012234793
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Optimal Discretion
Lengwiler, Yvan; Orphanides, Athanasios - 1999
optimal even when inflation is lower. This result provides a reconciliation of the theory regarding the optimality of adopting … credibility or high inflation but are less inclined to do so otherwise …
Persistent link: https://www.econbiz.de/10014181265
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Optimal Discretion
Lengwiler, Yvan; Orphanides, Athanasios - 2004
. Imperfect credibility narrows the scope for discretion and enhances the benefits of adopting a rule …
Persistent link: https://www.econbiz.de/10014114157
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How should monetary policy be conducted in an era of price stability?
Svensson, Lars E. O. - 1999
Persistent link: https://www.econbiz.de/10013422948
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Central bank credibility and monetary policy in Indonesia
Tanuwidjaja, Enrico; Choy, Keen-Meng - In: Journal of policy modeling : JPMOD ; a social science … 28 (2006) 9, pp. 1011-1022
Persistent link: https://www.econbiz.de/10003394364
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Deconstructing credibility: the breaking of monetary policy rules in Brazil
Cortes, Gustavo Silva; Paiva, Claudio A. C. - In: Journal of international money and finance 74 (2017), pp. 31-52
Persistent link: https://www.econbiz.de/10011787910
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Are speed limit policies robust?
Yetman, James - In: Journal of macroeconomics 28 (2006) 4, pp. 665-679
Persistent link: https://www.econbiz.de/10003397032
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Optimal discretion
Lengwiler, Yvan; Orphanides, Athanasios - In: The Scandinavian journal of economics 104 (2002) 2, pp. 261-276
Persistent link: https://www.econbiz.de/10001686572
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Optimal discretion
Lengwiler, Yvan; Orphanides, Athanasios - 1999
Persistent link: https://www.econbiz.de/10001412213
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Are Speed Limit Policies Robust?
Yetman, James - 2008
perfect credibility and rational expectations. However, a speed limit policy is more robust than a price level target. Even … for small deviations from either rational expectations or perfect credibility, a speed limit policy dominates a price …
Persistent link: https://www.econbiz.de/10012727929